PAVE vs. AIRR ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to First Trust RBA American Industrial Renaissance ETF (AIRR)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$44.81

Average Daily Volume

1,102,285

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.16

Average Daily Volume

363,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	AIRR
30 Days	7.33%	9.87%
60 Days	10.70%	12.82%
90 Days	14.19%	15.64%
12 Months	44.15%	64.56%

22 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in AIRR	Overlap
ACA	A	0.35%	1.75%	0.35%
ATKR	D	0.23%	2.73%	0.23%
DNOW	B	0.34%	0.87%	0.34%
DY	D	0.38%	2.72%	0.38%
EME	A	1.63%	3.09%	1.63%
GBX	A	0.34%	1.15%	0.34%
GVA	A	0.49%	3.25%	0.49%
HEES	C	0.27%	1.12%	0.27%
HRI	C	0.43%	2.74%	0.43%
MDU	D	0.25%	2.9%	0.25%
MLI	B	0.71%	3.42%	0.71%
MTZ	B	0.75%	2.55%	0.75%
MWA	B	0.4%	1.74%	0.4%
POWL	C	0.89%	0.91%	0.89%
PRIM	A	0.56%	2.63%	0.56%
RBC	A	0.64%	3.04%	0.64%
ROAD	B	0.49%	2.16%	0.49%
STRL	A	0.59%	1.71%	0.59%
TPC	C	0.75%	0.81%	0.75%
WMS	F	0.71%	2.33%	0.71%
WNC	C	0.18%	0.91%	0.18%
ZWS	B	0.47%	2.93%	0.47%

PAVE Overweight 76 Positions Relative to AIRR

Symbol	Grade	Weight
TT	A	3.76%
PH	A	3.45%
ETN	A	3.45%
URI	C	3.41%
PWR	A	3.28%
HWM	A	3.25%
EMR	B	3.13%
SRE	A	2.93%
FAST	B	2.74%
MLM	C	2.73%
VMC	B	2.62%
NSC	B	2.54%
CSX	C	2.37%
DE	B	2.36%
UNP	C	2.25%
ROK	C	2.19%
NUE	C	1.98%
FTV	C	1.85%
HUBB	B	1.64%
BLDR	D	1.56%
STLD	B	1.55%
CSL	C	1.53%
J	D	1.24%
RS	B	1.24%
PNR	A	1.22%
RPM	A	1.22%
TRMB	B	1.22%
IEX	C	1.21%
WLK	D	1.13%
GGG	B	1.05%
ACM	B	1.02%
LECO	C	0.83%
RRX	B	0.8%
BLD	D	0.8%
AGX	B	0.79%
TTEK	F	0.76%
WCC	B	0.74%
EXP	B	0.74%
WWD	C	0.72%
AYI	B	0.71%
USLM	A	0.71%
CR	A	0.69%
CRS	B	0.59%
LPX	B	0.56%
X	B	0.56%
AA	A	0.51%
ATI	C	0.5%
DXPE	C	0.5%
VMI	B	0.49%
CMC	B	0.48%
BMI	B	0.45%
CSWI	B	0.44%
NWPX	A	0.43%
CENX	B	0.43%
CLF	F	0.4%
SUM	B	0.4%
KNF	B	0.37%
EXPO	D	0.35%
TRN	B	0.34%
MRC	B	0.3%
MTX	B	0.29%
GRC	A	0.29%
HAYN	A	0.27%
TEX	F	0.25%
ASTE	C	0.25%
MYRG	B	0.25%
MTRN	C	0.23%
CMCO	C	0.23%
CXT	C	0.22%
IIIN	C	0.21%
ROCK	C	0.21%
CTOS	B	0.18%
RYI	C	0.17%
MTUS	C	0.17%
CALX	D	0.16%
TITN	C	0.13%

PAVE Underweight 30 Positions Relative to AIRR

Symbol	Grade	Weight
AAON	B	-3.32%
AIT	B	-3.3%
BWXT	B	-2.98%
KEX	B	-2.96%
MSM	C	-2.87%
CHRW	B	-2.82%
CLH	C	-2.71%
CNM	D	-2.56%
FIX	A	-2.52%
FSS	B	-2.38%
HII	F	-2.08%
FNB	A	-1.72%
ASB	B	-1.42%
WTFC	A	-1.41%
ONB	C	-1.38%
MRCY	C	-1.28%
VSEC	C	-1.06%
BLBD	D	-0.96%
FULT	A	-0.94%
TGI	B	-0.91%
FFBC	B	-0.87%
LMB	B	-0.83%
PRLB	B	-0.8%
XMTR	B	-0.78%
PRK	B	-0.78%
FRME	B	-0.77%
FCF	B	-0.67%
AMRC	F	-0.62%
LKFN	C	-0.57%
TRNS	D	-0.53%